Schedule of Basic and Diluted Net Income Per Common Share |
Basic and diluted net income per common share calculations are as follows for the periods presented: | | | | | | | | | | | | | Three Months Ended | | June 30, | | 2025 | | 2024 | Basic | | | | Net income applicable to common stock | $ | 1,018 | | | $ | 38,846 | | Average common shares outstanding | 94,580,927 | | | 56,342,909 | | Net income per common share - basic | $ | 0.01 | | | $ | 0.69 | | Diluted | | | | Net income applicable to common stock | $ | 1,018 | | | $ | 38,846 | | Average common shares outstanding | 94,580,927 | | | 56,342,909 | | Effect of dilutive stock-based compensation | 555,233 | | | 341,717 | | Average common shares outstanding - diluted | 95,136,160 | | | 56,684,626 | | Net income per common share - diluted | $ | 0.01 | | | $ | 0.69 | |
| | | | | | | | | | | | | | | | | Six Months Ended | | June 30, | | 2025 | | 2024 | Basic | | | | Net income applicable to common stock | $ | 42,536 | | | $ | 78,255 | | Average common shares outstanding | 79,209,073 | | | 56,275,628 | | Net income per common share - basic | $ | 0.54 | | | $ | 1.39 | | Diluted | | | | Net income applicable to common stock | $ | 42,536 | | | $ | 78,255 | | Average common shares outstanding | 79,209,073 | | | 56,275,628 | | Effect of dilutive stock-based compensation | 462,702 | | | 332,319 | | Average common shares outstanding - diluted | 79,671,775 | | | 56,607,947 | | Net income per common share - diluted | $ | 0.53 | | | $ | 1.38 | |
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Schedule of Antidilutive Securities |
Stock-based compensation awards that could potentially dilute basic net income per common share in the future that were not included in the computation of diluted net income per common share due to their anti-dilutive effect were as follows for the periods presented: | | | | | | | | | | | | | Three Months Ended | | June 30, | | 2025 | | 2024 | Number of shares | 500 | | 1,000 | | | | |
| | | | | | | | | | | | | | | | | Six Months Ended | | June 30, | | 2025 | | 2024 | Number of shares | 1,400 | | 5,449 | | | | |
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